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Grangex: Strong Interest for Dannemora’s high-quality Iron Ore Concentrate

Grängesberg Exploration Holding AB ("GRANGEX") has appointed Swedbank AB and SpareBank 1 Markets AS as financial advisors for the project financing of the restart of the Dannemora iron ore mine, as well as the build-up of the circular apatite project in Grängesberg.  

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Normet acquires Finland-based Boom Systems Manufacturer Rambooms and hydraulic Attachments supplier Marakon

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Masan High-Tech Materials integrates global R&D activities under leadership of H.C. Starck Tungsten Powders

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Market-Place-4.0 Implenia Construction GmbH

07.01.2023

Implenia wins large and complex tunnelling project in Norway – E03 Boknafjord tunnel

Joint Venture of Implenia and Stangeland MaskinImplenia wins large and complex tunnelling project in Norway – E03 Boknafjord tunnel (Credits: Visualisation ©Norwegian Public Roads Administration)

• Joint Venture of Implenia and Stangeland Maskin selected to plan and build E03 Boknafjord tunnel on Norwegian west coast
• Order volume of around CHF 300 million for Implenia
• Another large and complex tunnelling project

The Norwegian Public Roads Administration assigns the E03 Boknafjord tunnel project to a joint venture (JV) consisting of Implenia (80%) and Stangeland Maskin (20%). The total contract volume amounts to around CHF 375 million (NOK 4 billion), Implenia’s share is approximately CHF 300 million.

The project consists of an 8.6 km long tunnel with two tubes and a 125 m long stretch of road in the day zone. It is linked to the E39 Rogfast project, which is one of Norway’s biggest infrastructure projects, building the world's longest and deepest underwater tunnel. The E03 Boknafjord tunnel project starts this month already and is scheduled to be completed in 2030.

Implenia is in charge of the excavation and tunnelling work as well as of the interior construction of the tunnel. Stangeland Maskin will be responsible for the transport of the excavated material as well as for the construction of the road including the drainage works.

“We are excited to win such a major and prestigious project together with our JV partner Stangeland Maskin. The project E03 Boknafjord tunnel is a large and complex infrastructure project in line with our strategy, where we can contribute our many years of experience and proven expertise in tunnel construction and related civil engineering disciplines,” says Erwin Scherer, Global Head Tunnelling of Implenia.

Implenia convinced with the best total package and smart solutions

The JV consisting of Implenia and Stangeland Maskin was chosen for the project because they offered the best total package and smart solutions. The two partners have proven their collaborative strength in previous projects: They already built the Eiganes tunnel together and are currently also working on the E39 Lyngdal project as a joint venture.

Source: Implenia

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05.01.2023

Normet is expanding their battery-electric equipment

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